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You Suck!

Don't take it personally: That's just post-dotcom backlash talking. Or is it?

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This story appears in the July 2001 issue of Entrepreneur. Subscribe »

In 1998, a young eBay announced it had exceeded 21 million bids, 3-year-old Amazon.com proclaimed $610 million in sales and every wannabe billionaire on the block wanted a shot at being the next Net icon. Suddenly, the guy down the street who scores Cubans was selling them online. Entrepreneur "impostors" were everywhere-in it for the quick buck and the big hit rather than the passion of running a business for the long haul.

Today, the moral of the story is all too apparent, and Americans are backlashing against entrepreneurs. The question is, Will the bum rap also affect those of you who were mere bystanders in the dotcom debacle?

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